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Walgreens 7401 Read Blvd 13,905 SF Retail Building New Orleans, LA 70127 $1,400,000 ($100.68/SF)
EXECUTIVE SUMMARY
The building is in excellent condition and has been recently upgraded with a new roof, updated electrical and HVAC systems, and is currently vacant and move-in ready. Flexible zoning allows for a wide variety of potential uses including retail, medical, grocery, office, or specialty market, among others.
This is an ideal opportunity for an owner-user, investor, or tenant seeking a turnkey space in a well-trafficked New Orleans East location.
PROPERTY FACTS
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Available for sale or lease, 7401 Read Boulevard presents a premier opportunity to lease or purchase a ±14,000 SF commercial building on 1.79 acres of land at the signalized intersection of Read Boulevard and Morrison Road. Formerly occupied by Walgreens, the property features high ceilings, open floor plans, drive-thru infrastructure, and excellent visibility with strong street presence. The site includes ample on-site parking (±72 spaces) and benefits from easy access to major transportation arteries and high daily traffic counts. The building is in excellent condition and has been recently upgraded with a new roof, updated electrical and HVAC systems, and is currently vacant and move-in ready. Flexible zoning allows for a wide variety of potential uses including retail, medical, grocery, office, or specialty market, among others. This is an ideal opportunity for an owner-user, investor, or tenant seeking a turnkey space in a well-trafficked New Orleans East location.
| Space | Size | Space Use | Position | Available |
| 7401 | 13,905 SF | Retail | - | Now |
7401
| Size |
| 13,905 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
7401
| Size | 13,905 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Available for sale or lease, 7401 Read Boulevard presents a premier opportunity to lease or purchase a ±14,000 SF commercial building on 1.79 acres of land at the signalized intersection of Read Boulevard and Morrison Road. Formerly occupied by Walgreens, the property features high ceilings, open floor plans, drive-thru infrastructure, and excellent visibility with strong street presence. The site includes ample on-site parking (±72 spaces) and benefits from easy access to major transportation arteries and high daily traffic counts. The building is in excellent condition and has been recently upgraded with a new roof, updated electrical and HVAC systems, and is currently vacant and move-in ready. Flexible zoning allows for a wide variety of potential uses including retail, medical, grocery, office, or specialty market, among others. This is an ideal opportunity for an owner-user, investor, or tenant seeking a turnkey space in a well-trafficked New Orleans East location.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3-9W-0-123-19 | Improvements Assessment | $244,850 |
| Land Assessment | $22,950 | Total Assessment | $267,800 |
PROPERTY TAXES
Presented by
Walgreens | 7401 Read Blvd
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